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Sanofi to pay $11.9 million to resolve U.S. drug charity kickback probe
By Nate Raymond BOSTON (Reuters) – Sanofi SA has agreed to pay $11.85 million to resolve U.S. allegations that it used a charity that helps cover Medicare patients’ out-of-pocket drug costs as a means to pay them kickbacks to use a high-priced multiple sclerosis drug. The deal, announced by the U.S. Justice Department on Friday, […]
Standard Chartered freezes hiring, warns of bonus cuts: memo
LONDON (Reuters) – Standard Chartered <STAN.L> has told staff it is freezing all external and internal hiring for two months and signaled it is likely to cut bonuses for 2020, as the Asia and Africa-focused lender grapples with the fallout from the coronavirus pandemic. The FTSE 100 bank would also re-prioritize discretionary investment for the […]
Dolce & Gabbana founders have received offers but have no plans to sell: paper
MILAN (Reuters) – Italy’s Dolce & Gabbana founder Stefano Gabbana said on Friday he had received proposals to buy the group but had no intention to sell. The unlisted group is one of the ten largest fashion groups in Italy by revenues and had sales of 1.38 billion euros in the year ended March 2019, […]